FRAC - Keane Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
7.29
-0.19 (-2.54%)
At close: 4:02PM EDT
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Previous Close7.48
Open7.48
Bid7.31 x 2200
Ask12.00 x 800
Day's Range7.11 - 7.78
52 Week Range6.61 - 14.55
Volume2,262,429
Avg. Volume808,778
Market Cap764.466M
Beta (3Y Monthly)1.53
PE Ratio (TTM)17.40
EPS (TTM)0.42
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est13.25
Trade prices are not sourced from all markets
  • Oil & Gas Stock Roundup: C&J Energy-Keane Merger, Phillips 66 JVs & More
    Zacks17 hours ago

    Oil & Gas Stock Roundup: C&J Energy-Keane Merger, Phillips 66 JVs & More

    C&J Energy Services (CJ) and Keane Group (FRAC) agreed to merge in an all-stock deal, while Phillips 66 (PSX) unveiled plans to form two pipeline project joint ventures for crude oil transportation.

  • Can Consolidation Help Revive Oilfield Service Stocks?
    Zacks23 hours ago

    Can Consolidation Help Revive Oilfield Service Stocks?

    The consolidation drive in the oilfield service space is reflected in the recent decision of C&J Energy (CJ) & Keane Group (FRAC) to merge and create a diversified oilfield services firm.

  • Keane Group (FRAC) in Focus: Stock Moves 7% Higher
    Zacks23 hours ago

    Keane Group (FRAC) in Focus: Stock Moves 7% Higher

    Keane Group (FRAC) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

  • Houston's latest energy merger arranged in scale-hungry market
    American City Business Journalsyesterday

    Houston's latest energy merger arranged in scale-hungry market

    The $1.8 billion merger agreement between Houston-based C&J Energy Services (NYSE: CJ) and Keane Group Inc. (NYSE: FRAC) was a deal born out of an environment hungry for scale. There haven’t been many oil field services mergers and acquisitions in recent years, said Joe Dunleavy, a Houston partner with London-based PricewaterhouseCoopers' deals practice. Companies in the space are under pressure to operate within cashflow, but many of them have had trouble doing so, Dunleavy said.

  • GlobeNewswire2 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of C&J Energy Services, Inc. with Keane Group, Inc. is Fair to CJ Shareholders

    NEW YORK, June 17, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased C&J Energy Services, Inc..

  • PR Newswire2 days ago

    ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of C&J Energy Services, Inc.

    NEW YORK , June 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against C&J Energy Services, Inc. (NYSE: CJ) and its board of directors for breach of fiduciary duty concerning ...

  • Moody's2 days ago

    Keane Group Holdings, LLC -- Moody's says Keane's stock-for-stock merger with C&J is credit positive

    Moody's Investors Service ("Moody's") commented today that Keane Group, Inc.'s announced stock-for-stock merger wtih C&J Energy Services, Inc. is credit positive since it expects the transaction will be deleveraging, increase scale, and strengthen market position. Keane Group, Inc. is the parent company of Keane Group Holdings, LLC. For additional information, subscribers to Moody's research service are directed to the associated Moody's Issuer Comment for Keane Group Holdings, LLC, which can be found on the rating agency's website at www.moodys.com.

  • Shares of C&J Energy Services Jump on Merger Announcement
    Motley Fool2 days ago

    Shares of C&J Energy Services Jump on Merger Announcement

    The oil services company is looking to bulk up by combining forces with Keane Group.

  • GlobeNewswire2 days ago

    C&J ENERGY SERVICES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

    WILMINGTON, Del., June 17, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of C&J Energy Services, Inc. (NYSE: CJ)? Did you purchase any of your shares prior to June.

  • TheStreet.com2 days ago

    C&J Energy and Keane Group Agree to 'Merger of Equals'

    on Monday said they agreed to a "merger-of-equals," creating a diversified oilfield services company. Under terms of the deal, C&J shareholders will receive 1.6149 Keane shares for each C&J share they own.

  • Houston energy services cos. to combine, creating $1.8B company
    American City Business Journals2 days ago

    Houston energy services cos. to combine, creating $1.8B company

    Houston-based C&J Energy Services (NYSE: CJ) and Keane Group Inc. (NYSE: FRAC) announced June 17 they plan to combine, creating a diversified oil field services provider valued at approximately $1.8 billion, including $255 million of net debt. The all-stock deal is expected to close in the fourth quarter of 2019, and the combined company will be owned 50-50 by Keane and C&J shareholders, according to a press release. A new name and ticker symbol for the combined company will be announced before the deal closes.

  • Reuters2 days ago

    UPDATE 1-Keane Group to buy C&J Energy for $746 mln

    Oilfield services company Keane Group Inc said on Monday it will buy rival C&J Energy Services for $745.7 million in an all-stock deal, as it looks to scale up amid spending cuts by crude producers. The deal is expected to add to cash flow immediately, the companies said in a statement, adding they expect annualized run-rate cost savings of $100 million within 12 months after closing.

  • MarketWatch2 days ago

    C&J Energy and Keane to merge, creating a $1.8 billion well services company

    C&J Energy Services Inc. and Keane Group Inc. announced Monday a merger-of-equals deal to create a diversified oilfield services company with a combined enterprise value of $1.8 billion, including $255 million in debt. Under terms of the deal, C&J shareholders will receive 1.6149 Keane shares for each C&J share they own. Based on Friday's closing prices, that values C&J stock at $11.29 each, or a 5.3% premium. After the deal closes, which is expected to occur in the fourth quarter of this year, C&J and Keane shareholders will each own 50% of the equity of the combined company. "The merger of equals unites two great companies, resulting in a broader portfolio of well completion services across an even greater footprint in the U.S., benefiting our combined employees, shareholders, customers, suppliers, and the communities in which we operate," said Keane Chief Executive Robert Drummond. C&J's stock has tumbled 33.8% over the past three months and Keane shaes have shed 28.7%, while the VanEck Vectors Oil Services ETF has lost 22.5% and the S&P 500 has gained 2.35.

  • PR Newswire2 days ago

    Keane and C&J Energy Services to Combine in Merger of Equals, Establishing an Industry-Leading, Diversified Oilfield Services Provider

    HOUSTON, June 17, 2019 /PRNewswire/ -- C&J Energy Services ("C&J") (CJ) and Keane Group, Inc. ("Keane") (FRAC) today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock merger of equals. The combined company will be positioned as an industry-leading, diversified oilfield services provider with a pro-forma enterprise value of approximately $1.8 billion, including $255 million of net debt. Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies and the Special Committee of the Keane Board, C&J shareholders will receive 1.6149 shares of Keane common stock for each share of C&J common stock owned.

  • Reuters2 days ago

    Exclusive: Oilfield services firms Keane Group, C&J Energy to merge - sources

    Keane Group Inc and C&J Energy Services Inc are set to merge in an all-stock deal that will create a new U.S. oilfield services company worth around $1.5 billion, three people familiar with the matter said on Monday. The deal underscores the consolidation under way in the oil and gas industry, as exploration and production companies cut back on spending on new projects to return more money to their shareholders. This puts pressure on services providers to gain scale, so that they have more negotiating power and can save on costs by eliminating overlap.

  • Hedge Funds Have Never Been This Bullish On Keane Group, Inc. (FRAC)
    Insider Monkey5 days ago

    Hedge Funds Have Never Been This Bullish On Keane Group, Inc. (FRAC)

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • Are Investors Undervaluing Keane Group, Inc. (NYSE:FRAC) By 34%?
    Simply Wall St.13 days ago

    Are Investors Undervaluing Keane Group, Inc. (NYSE:FRAC) By 34%?

    Does the June share price for Keane Group, Inc. (NYSE:FRAC) reflect what it's really worth? Today, we will estimate...

  • Despite Its High P/E Ratio, Is Keane Group, Inc. (NYSE:FRAC) Still Undervalued?
    Simply Wall St.last month

    Despite Its High P/E Ratio, Is Keane Group, Inc. (NYSE:FRAC) Still Undervalued?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Thomson Reuters StreetEventslast month

    Edited Transcript of FRAC.N earnings conference call or presentation 7-May-19 12:30pm GMT

    Q1 2019 Keane Group Inc Earnings Call

  • Keane Group, Inc. (FRAC) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    Keane Group, Inc. (FRAC) Q1 2019 Earnings Call Transcript

    FRAC earnings call for the period ending March 31, 2019.

  • Keane Group, Inc. (FRAC) Reports Q1 Loss, Tops Revenue Estimates
    Zackslast month

    Keane Group, Inc. (FRAC) Reports Q1 Loss, Tops Revenue Estimates

    Keane Group, Inc. (FRAC) delivered earnings and revenue surprises of 13.33% and 1.16%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wirelast month

    Keane Announces First Quarter 2019 Financial and Operational Results

    Keane Group, Inc. today reported first quarter 2019 financial and operational results.

  • Keane Group, Inc. (FRAC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
    Zacks2 months ago

    Keane Group, Inc. (FRAC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    Keane Group, Inc. (FRAC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Can Keane Group, Inc. (FRAC) Keep the Earnings Surprise Streak Alive?
    Zacks2 months ago

    Can Keane Group, Inc. (FRAC) Keep the Earnings Surprise Streak Alive?

    Keane Group, Inc. (FRAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.